Bobby Berrido Of Fausto Commercial Realty Brokers $5.4M Sale Of Retail Asset In Miami
$5,400,000
$973/SF
Building Size
5,547 SF
Asset Type
Retail
Closing
Apr 28, 2026
AI
A gas station located at 13701 Coral Way in west Miami-Dade has been sold for $5,400,000. The retail asset spans a total area of 5,547 square feet, translating to a price per square foot of $973. This sale reflects ongoing investor interest in service retail properties positioned in areas with strong traffic and accessibility.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,400,000
- Square Footage: 5,547
- Price per Square Foot: $973
- Address: 13701 Coral Way
- Market: Miami
- Broker: Bobby Berrido, CCIM - Fausto Commercial Realty Consultants
Bobby Berrido represented the seller in this transaction, highlighting Fausto Commercial's role in successfully brokering the deal. The transaction underscores the demand for retail assets within high-growth corridors for service-oriented businesses.
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93